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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 4, 2017, 5:07:15 PM, by Steven T. Dennis and Billy House (Bloomberg) —Russia-financed Facebook ads turned over to congressional panels show that Democratic strongholds like California, New York and Maryland were targeted along with the battleground states of Wisconsin and Michigan, according to a Republican official on the House

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Business Headlines

published Oct 4, 2017, 5:47:45 PM, by Ezra Fieser (Bloomberg) —Puerto Rico faces a government shutdown on Oct. 31, including halting its hurricane recovery, if Congress doesn’t provide billions in emergency funds, said Treasury Secretary Raul Maldonado. The U.S. commonwealth’s bankrupt government is burning through the $1.6 billion it had

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published Oct 3, 2017, 3:33:58 PM, by The Editors (Bloomberg View) —America’s elite colleges are more selective than ever before. They also remain disproportionately populated by the wealthy — in part because many qualified students from poor backgrounds don’t even apply. The good news is that there are proven strategies

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Business Headlines

published Oct 3, 2017, 7:17:54 PM, by Adam Haigh (Bloomberg) —The rally in the dollar petered out as investors awaited fresh triggers for trades from upcoming Federal Reserve speeches and U.S. economic data. Asian stocks were mixed at the open after American benchmarks closed at record highs. The Bloomberg dollar index hovered

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published Oct 3, 2017, 5:27:05 PM, by Tim Loh (Bloomberg) —U.S. Energy Secretary Rick Perry’s plan to reward coal-fired power plants that keep large stockpiles of fuel won’t be enough to reverse the industry’s long-term decline, analysts say. Perry has proposed extra payments for power generators with at least 90

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Business Headlines

published Oct 2, 2017, 7:55:04 AM, by Jennifer Epstein and Kathleen Hunter (Bloomberg) — President Donald Trump faced a leadership test Monday after a killing spree in Las Vegas was called the deadliest mass shooting in modern U.S. history. Trump offered his condolences after police said at least 50 people

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Business Headlines

published Oct 2, 2017, 7:40:52 PM, by Jennifer Epstein, Nick Wadhams and Keith Zhai (Bloomberg) — The White House ruled out talks with North Korea over its nuclear arsenal just days after Secretary of State Rex Tillerson said the U.S. was talking to North Korea “directly, through our own channels.”

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Business Headlines

published Oct 2, 2017, 6:03:53 PM, by Alex Webb (Bloomberg) — Facebook Inc. estimates that 10 million people saw the advertisements that have been linked to Russian efforts to influence last year’s U.S. presidential election. About 44 percent of the ads were seen before the Nov. 8 election, Elliot Schrage,

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Business Headlines

published Sep 22, 2017, 4:32:39 PM, by Joe Light (Bloomberg) —Ben Carson has been a faithful ally to President Donald Trump since winning confirmation to serve as U.S. Housing and Urban Development Secretary, but he as put himself at odds with his boss in expressing support for Roy Moore in Alabama’s

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Business Headlines

published Sep 29, 2017, 6:24:12 PM, by Sahil Kapur and Lynnley Browning (Bloomberg) —Republican lawmakers leveled harsh criticism at a Washington policy group study that said some middle-income taxpayers would ultimately see a tax increase under a framework for legislation that they and President Donald Trump proposed this week. That

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